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Do you have facts, public facts to support this, or are you guessing at this? My perspective, from reading the SEC docs, was that the 20% was a hard contract deal for failure to deliver the cash, period, end of report, pre merger negotiation. And that the merger deal, 4:1, was post that contract, which made the 20% versus 29% deal irrelevant!
Where are you getting this "unilateral" stuff from. It was in the old contract. And even if they had delivered the cash, it would not have affected the 4:1 deal in any way shape or form. Either way, MNLU gets everything, cash, and land rights, for a 4:1 stock swap.
I contend the 20% versus 29% is only an issue if there is no merger, and that AEXP failed to honor the contract, failed to deliver the cash, so the deal fell back to 20% instead of 29%.
Period, end of deal.
Now, if the masses (like me) who bought all the dumped MNLU and AEXP shares this year, from the older bag holders, don't vote, or push for a better deal, or vote no merger, post well drilling results, well that might be an issue. But I seriously doubt that AEXP share holders, or MNLU share holders will vote no. They are not stupid. They may be lazy, and it may take some ads to get them to sign on to proxy and vote, but they won't shot themselves in the foot, IMHO!
We look like we are about to break out above .10 here this week!
Here are some links to what is going on in China regarding CO2, climate control, also uber bullish for CABN!
http://seekingalpha.com/article/224659-china-gives-solar-suppliers-22-5-billion-to-compete-western-banks-caught-napping?source=email
"China Gives Solar Suppliers $22.5 Billion to Compete; Western Banks Caught Napping"
Also see:
http://seekingalpha.com/article/224754-china-to-announce-emissions-cuts-soon-boon-to-solar?source=email
While CABN is not a solar stock as such, the CO2 issue, global warning, alt energy (including solar), and the politics and banking of these are all related to the possible future for CABN.
All great news, and the price closed at the high of the day, well into bull territory, .15/share. I have not seen this much of rally, this long of rally, and this much volume in recent memory here. I still recall back to back zero volume days, with no price change! And we are up 15% more today on just 50 thousand shares!!!!
I think .20 will be hit this week. Maybe even .30 this month!!!!
Here are some links to what is going on in China regarding CO2, climate control, also uber bullish for MVTG!
http://seekingalpha.com/article/224659-china-gives-solar-suppliers-22-5-billion-to-compete-western-banks-caught-napping?source=email
"China Gives Solar Suppliers $22.5 Billion to Compete; Western Banks Caught Napping"
Is it concievable that we go to $1 this year, with the extremely low float and OS?
Also see:
http://seekingalpha.com/article/224754-china-to-announce-emissions-cuts-soon-boon-to-solar?source=email
NITE must have them.
I have not seen the spread this tight, .13 bid, .14 ask, .01 spread in AGES!!!!
Holy Moly Cows Batman! I just checked OTCBB Pink sheets, and there is only 10,000 shares left, 5000 at .15, 5000 at .17 before the price gaps up to $100/share on this puppy on the ask price!!!!
http://www.otcmarkets.com/stock/MVTG/quote#getQuote
And there are only 100 shares available at $100!!!!
This thing is about to explode up!!!!
HOT DAMN!
We have a solid break out today to .15, with above average volume today!!!! .135 may now be support instead of resistance!!!! Question now is what is the next level of resistance?
.20 perhaps?
All with no added news today, except a market rally.
Agreed!!!!
IIRC, they have one or two of the drugs already approved overseas, somewhere in Europe, and maybe in Japan. I do not think they have revenue from those (partner deals, old news), but being approved overseas makes me think approval here is more likely!!!!! Been a good 12-18 months since I read the 100 page prospectus.
I was kind of expecting this, as there has been no vote, no prospectus mailed out that I have received to vote, and voting takes time to process. I see no need for concern. If the vote is after the well is completed, it may help share holders vote yes, and get them to take the time to vote.
LOL, I think you got the wrong price / stock post, mixed up there.
We had real good news this week!!!
http://ih.advfn.com/p.php?pid=nmona&article=44326610&symbol=N^CBAK
China BAK Awarded a New Contract to Supply High-Power Batteries to Chery Automobile
If this is li-ion batteries to a car company, this HUGE news!!!!! I think Li-ion is all CBAK makes!!!!
China BAK Battery, Inc. ("China BAK", the "Company", or "we") (Nasdaq: CBAK), a leading global manufacturer of lithium-based battery cells, today announced that the Company's Tianjin facility was awarded a new contract by Chery Automobile
Co., Ltd. ("Chery"), one of the largest automobile manufacturers in China, to supply high-power batteries used in manufacturing electric cars.
As per the contract, China BAK will supply 110 units of lithium-ion power batteries, which will be used by Chery to manufacture electric cars in its December quarter. China BAK will deliver these batteries to Chery in December 2010. This is a repeat order and there is a potential that it will lead to a large scale supply contract.
"We are excited to have the opportunity to work with Chery to deliver world-class electric cars. Our cooperation with Chery is a new milestone in our expansion into the high-technology electric vehicles segment. It demonstrates the high quality of our products and the strong commitment of our team," commented Mr. Xiangqian Li, CEO of China BAK, "With the continual government support and policies, we believe electric vehicles have significant growth potential in China and we are well-positioned to optimally harness this opportunity."
About Chery Automobile Company, Ltd.
Chery Automobile Co., Ltd. manufactures, markets, and exports passenger vehicles in China. It offers cars, SUVs and MPVs, and SPVs. It also provides engines, transmissions, and other components. Chery Automobile Co., Ltd. was formerly known as Anhui Chery Automobile Co., Ltd. The company was founded in 1997 and is headquartered in Wuhu, China with operations in Asia, the Middle East, Africa, North America, South America, and Australia. At present, Chery possesses a full set of production and R&D units, such as Car Factories, Engine Factories, Transmission Factory, Automotive Engineering and Research Institute, Planning & Design Institute and Testing Technology Center. For more information, please visit http://www.cheryinternational.com .
About China BAK Battery Inc.
China BAK Battery, Inc. (NASDAQ: CBAK) is a leading global manufacturer of lithium-based battery cells. The Company produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers and portable consumer electronics such as digital media devices, portable media players, portable audio players, portable gaming devices, and PDAs. China BAK Battery, Inc.'s production facilities, located in Shenzhen and Tianjin, PRC, cover over three million square feet and have been recently expanded to support the production of larger batteries for various types of vehicles. For more information regarding China BAK Battery, Inc., please visit http://www.bak.com.cn .
Safe Harbor Statement
This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of China BAK Battery, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ. These factors include but are not limited to: risks related to China BAK's business and risks related to operating in China. Please refer to China BAK's Annual Report on Form 10-K for the fiscal year ended September 30, 2009, as well as China BAK's Quarterly Reports on Form 10- Q that have been filed since the date of such annual report, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. China BAK's actual results could differ materially from those contained in the forward-looking statements. China BAK undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Time to recharge things here. Looks way too dead!!!!
I would not worry about the late filling right now. I was not surprised to see that. They were according to the PR updates in the middle of the Korea deal and they are not exactly flush with cash to waste on highering extra help just to put out a financial report while they were all in Korea, or preparing for the trip to Korea. The insiders are stock holders, and have been working for IOUs for a good year or more, to avoid selling new shares!!!!! Read back over the last 12 months of posts here for details on that history, and the financial condition.
My guess is, if the merger is not approved, baring any other news, we go down to .01 to .10 area fast!
Other news, like a successful refinancing of the NJ industrial bonds for the original plant, would probably send the stock up, and a Terra merger positive vote might send us back $1. Both might get us back to $1. With out the merger, we might see major dilution anyway, but with out Terra in the deal, which would be bad IMHO.
IMHO we really need the Terra deal right now, as it exists.
No. I already voted yes.
If it is, or was there it as an error.
If Exxon bought CABN, I doubt they would sit on. They would most likely use it to make gasoline, using CO2 and Methane as feed stocks. There are plenty of other end uses for Crude oil derivatives, with high values like plastics.
There is always the chance of someone coming in, shorting the hell out of us, and forcing them to sell. There is that risk with most companies. I have been burned by that way too many times.
Question is, what assumptions were made by CABN for that $1.61/gallon statement?
One of the problems is that we have too many variables and not enough fixed equations to make a true economic analysis of the real effects and future costs. All of our costs and assumptions today are based on crude oil, coal and natural gas as the major variable energy costs. So what happens when you reduce demand by replacing demand with a new energy source. It becomes a function of itself, it starts a feed back loop, that is part of mutiple feed back loops. Also many true costs are hidden by government regulation, until the regs change!!!!
I am going to take a nap, I may try to discuss this in more detail later, this weekend. But I will say this, they do not say what that price is based on, what assumptions, which is CYA trick. Problem is if they state their assumptions, we can poke all kinds of holes in the assumptions, no matter how good they are. Just look at the wild swings in crude oil and dry bulk shipping rates the last 3 years!!!!!
3 years ago the word was that corn prices were going up because oil was being used to make extra corn for more ethanol.....and they blamed Congress for the Ethanol subsidies as the cause of high oil, corn and beef prices. Yet corn is down, beef is down, oil is down, and corn ethanol production is at all time highs since the 2008 peaks!
One factor has got to be the difference in coal and crude oil extraction, exploration and delivery costs. Another factor is the value of the dollar itself!!!
This post? (and thanks for the compliment!)
This is a copy mostly of a post I made today on the CABN thread to answer a question there about independent verification of CABN's technology. It discusses issues related to both CABN and MVTG, comparison and differences, local and world political issues, scale ups, and the purpose of pilot plants. I was asked to report it here. I added a few points to the original post, for MVTG on this repost:
Pilot plants are used to develop data that engineers need to design full scale operations. The pilot plants are used as a data collector operation where variables are modified, to produce a series of dimensionless numbers that are needed to scale up reactor designs so they can run at optimal efficiency, to avoid scaling design "got ya" issues that occur if these dimensionless ratios (numbers), and optimization trials are done at the pilot scale first. The dimensionless numbers are ratios of things like mass and energy flow rates, mixing rates, viscosity, reaction rates, velocities, kinds of mixing, completeness of mixing, gradients, and so on.
The biggest problem they face is scale up issues from the lab scale trials. Lab data typically does not scale up directly to a full scale plant. The process of converting CO2 to gasoline is possible. What CABN has done in about 2 years of "what if" research is to create the best design of "off the shelf" hardware and designs, and come up with some twists (optimization) that make it far more efficient (or so they claim, like figuring out how to tie down specific soluble enzymes to a solid structure, with out denaturing them, to limit enzyme attrition losses.
I don't think a JV partner will be concerned with independent testing, as they and I all know the pure economics alone is negative. The economics will be in making a sell able product with solid demand, (all be it at a loss compared to using Crude oil in existing infrastructure), that gets a second use out of CO2, and that reduces crude oil imports, and eliminates the need for costly pipelines, chillers, pumps and compressors to liquefy, compress and sequester CO2 under ground. Underground storage of CO2 will be a dangerous ticking time bomb IMHO!!!
What would really get the ball rolling is a Federal tax subsidy!!!!
So if they (US Congress) slip through Cap and Trade in Nov, that includes any kind of subsidy, or carbon tax on Coal used in power plants, it should tip the scales!!!!
Lastly, I suspect at the level we are talking, any potential JV partners will quietly sign non disclosures, park them selves at CABN and verify the tests themselves with out any PR until a deal is done, or verify it in their own labs (like Shell's labs in Houston). This is partly why I see it that way:
MVTG just signed a JV pilot plant deal with KC Cotrell (A Flour/Bechtal like firm in Korea), and KOSPO the largest electric power utility in So. Korea to build a 1 $1,000,000 pilot plant demo unit right on the KC Cottrell designed, unique (patented), CO2 capture system that is already built and running on one of their coal fired power plants! Seems KC Cotrell wants to be first to the dinner table with an entire packaged system.
They (MVTG) also did not do independent verification at an independent lab. KC Cotrell and KOSPO went to the MVTG labs directly to verify everything. They (MVTG) has one of the top 10 electrochemical engineers in the world, one of the most published, behind the electro reduction membrane reactor design and patents. They also have a JV deal with 3M on file in last years SEC fillings (3M letter head signed by the VP of technology at 3M!), involving membrane improvements for the reactor.
If the democrats get crushed in Nov, and do NOT pass some sort of cap and trade help (bill, subsidy, or something), then I will be looking to overseas bets for CABN and MVTG. MVTG is based in Canada, has gotten Canadian DOE gov grants in the past, and has 2 Korean giant partners already, so I have no worries there. I would expect CABN to simply go overseas if US CO2 politics turns south again. And Byron hinted at a possible Canadian Natural gas company JV deal recently.
And China has set a recent goal of 40% reductions in CO2 emissions in the next 10 years, no matter how silly or absurd US politics about global warming and climate change get!!!!!
I would prefer that the US develop the technology here and export it world wide, but US politics has been blind and fickle for so long, that I am banking on Canada, China and Korea and not on US voters right now!!!! I suspect we will be buying and importing the solutions from Korea, Canada and China in the next 10 years, as I have no faith in the US electorate. They want cheap oil, free money, and SUVs!
I doubt it can compete with $73 crude oil right now, or they would be televising it in the PRs and Exxon would already own it!!!!
But $200 oil or taxed oil? I think they are banking on cap and trade raising the cost of coal and oil enough to tip the economics in a big way in our favor.
I have not seen them publish any hard numbers, data or assumptions at all. But corn based ethanol had a huge construction / expansion run when it and the farmers got favorable regs and subsidies. Same for Bio-diesel.
You might want to read my last post at CABN. Good discussion / post about MVTG and CABN that I just made, regarding politics of CO2, pilot plant trials....
I am still long, and thinking of adding soon.
I suspect CABN will leap frog that issue with a JV deal. Byron mentioned an early possible deal with a Canadian Natural gas company not too long ago, in an interview (video) I saw.
I believe they will cut a deal within 12 months to JV and build a pilot plant, which is the typical stage to go to next. Pilot plants are used to develop data that engineers need to design full scale operations. The pilot plants are used as a data collector operation where variables are modified, to produce a series of dimensionless numbers that are needed to scale up reactor designs so they can run at optimal efficiency, to avoid scaling design "got ya" issues.
The biggest problem they face is scale up issues from the lab scale trials. Lab data does not scale up directly to a full scale plant. The process of converting CO2 to gasoline is possible. What CABN has done in about 2 years of what if research into the best design of off the shelf hardware and designs, and come up with some twists that make it far more efficient (or so they claim).
I don't think a JV partner will be concerned with independent testing, as they and I all know the pure economics alone is negative. The economics will be in making a sell able product with solid demand, (all be it at a loss compared to using Crude oil in existing infrastructure), that gets a second use out of CO2, and that reduces crude oil imports, and eliminates the need for costly pipelines, chillers, pumps and compressors to liquefy, compress and sequester CO2 under ground. Underground storage of CO2 will be a dangerous ticking time bomb IMHO!!!
What would really get the ball rolling is a Federal tax subsidy!!!!
So if they slip through Cap and Trade in Nov, that includes any kind of subsidy, or carbon tax on Coal used in power plants, it should tip the scales!!!!
Lastly, I suspect at the level we are talking, any potential JV partners will quietly sign non disclosures, park them selves at CABN and verify the tests themselves with out any PR until a deal is done, or verify it in their own labs (like Shell's labs in Houston). This is partly why I see it that way:
MVTG just signed a JV pilot plant deal with KC Cotrell (A Flour/Bechtal like firm in Korea), and KOSPO the largest electric power utility in So. Korea to build a 1 $1,000,000 pilot plant demo unit right on the KC Cottrell designed, unique (patented), CO2 capture system that is already built and running on one of their coal fired power plants! Seems KC Cotrell wants to be first to the dinner table with an entire packaged system.
They also did not do independent verification at an independent lab. KC Cotrell and KOSPO went to the MVTG labs directly to verify everything. They (MVTG) has one of the top 10 electrochemical engineers in the world, one of the most published, behind the electro reduction membrane reactor design and patents. They also have a JV deal with 3M on file in last years SEC fillings (3M letter head signed by the VP of technology at 3M!), involving membrane improvements for the reactor.
If the democrats get crushed in Nov, and do NOT pass some sort of cap and trade help (bill, subsidy, or something), then I will be looking to overseas bets for CABN and MVTG. MVTG is based in Canada, has gotten Canadian DOE gov grants in the past, and has 2 Korean giant partners already, so I have no worries there. I would expect CABN to simply go overseas if US CO2 politics turns south again. And Byron hinted at a possible Canadian Natural gas company JV deal recently.
And China has set a recent goal of 40% reductions in CO2 emissions in the next 10 years, no matter how silly or absurd US politics about global warming and climate change get!!!!!
I would prefer that the US develop the technology here and export it world wide, but US politics has been blind and fickle for so long, that I am banking on Canada, China and Korea and not on US voters right now!!!! I suspect we will be buying and importing the solutions from Korea, Canada and China in the next 10 years, as I have no faith in the US electorate. They want cheap oil, free money, and SUVs!
The three top people involved, The newly added science advisor (1), retired-Shell oil Chem. Eng, Aslam (2) and Byron Elton (3), and their previous credentials (Shell oil R&D Development Guru of 35 years at Shell oil here in Houston), Texas A & M University Professor-Aslam, and AOL VP from the early days when AOL ruled trhe internet-Byron Eltom was the VP of marketing), is the credibility I am banking on at this time. And my belief that the Democrats will sneak through a lame duck cap and trade bill right after the Nov elections.
And lastly, it is not so much the key patents they have filed for (although they may prove to be of considerable value...) as it is their early entry and front runner status, and my firm belief that CO2 conversion to a fuel can be a much more practical fix for CO2-Coal power issues, and oil import issues, and that the current available mix of existing, cutting edge technologies makes CO2 fixation and conversion to a second time use fuel like methanol and gasoline possible. The only real question is how good is their latest version or iteration of their latest designs, and at this stage I just don't feel that it is a major issue, as they have enough talent to keep improving the design, and once they have partners and more cash the design improvements will come even faster.
Does that make sense to you? You see I have made a living for 35 years, taking on design problems that others failed to solve or figure out over the years, and I got paid to invent new solutions that worked well enough to actually get patents since 1981. I know where the technology is moving, and what the current limits are. They still have no idea what the problems will be with geological sequestration of captured CO2, but the USA is spending 100 billion dollars on CO2 capture and sequestration research anyway. At some point the idea of using CO2 to make gasoline, instead of using crude oil, and reducing the need for sequestration of CO2, is going to take hold. Once that happens deals will be cut, and the final engineering design issues will be settled with pilot plants and serious funding from multiple JV partners (Coal, gasoline and natural gas players).
Have you checked out MVTG yet?
"I can't wait until Mantra unleashes their firepower!!"
LOL. Patience my young Jedi!
Ted, I found this on the 2008 site:
"Carbon Sciences' breakthrough technology uses CO2 in a highly scalable and proprietary biocatalytic process to produce low level hydrocarbons that are almost identical to the feedstock used by Catalytic Reforming units to make gasoline."
I think the difference is that in 2010 CABN had progressed far enough to file for a new patent on the CO2 +H2O enzyme process + Methane (CH4) reformer process combo, where they have 2 patents and two new steps in the entire process, where as the 2008 was a statement of what there goals were and what was known to be possible.
The 2010 news release included a new patent application, and production cost reductions claims over prior art. There was also another patent application PR between 2008 and this latest one (about 6-12 months ago?)!!! That was related to trapping, fixating of the enzyme to a solid structure, to increase the enzyme life to above 100,000:1 ratio (IRRC), and to eliminate the need for enzyme/methanol separation technology for enzyme recycling (a huge cost saving).
Now I am guessing at a little of this, as I am not an insider, and I have not seen and read the actual patent applications. And last time I checked they were not yet published at the US PTO. But this is based on my own ideas, and how I would be pursuing this step by step if it was my invention/project.
None of us was happy with the share sale (item #4) 11,000,000 at .026, but my best guess is they needed the money badly then to keep the doors open, and feared selling that many shares at retail might have hurt the price just as much, or worse. Good news is the wholesale and retail shares are closer in price lately, based on the last couple of reports.
One of these days I may just call Aslam, and ask some hard questions, but for now, I have been willing to ride the waves and stay long, and do a little day trading a few times a year on this one when it moved enough to justify it. I know there is enough technology out there to do this, to figure it out, how best to do it, and I know the real issue is going to be politics, regulation, and arm twisting several industry partners to get on board to do the first one, and with the exception of MVTG, I see no one else pushing this frontier publicly, except maybe algae, which has too many other process step issues to ever be as competative as CABN and MVTG can be.
The first half of what you said is a good point, and both companies have done a great job of marketing in at least one way. CABN has Byron doing the public/government/industry full court press news wheel, which has helped them move a ton of stock at retail and wholesale.
MVTG is not trying to move stock yet, they are trying to actually move the product into the field, deployment, with out stock dilution, so their marketing has been tightly focused on a real deal, which has worked. People that have bought MVTG are not day trading (shorting and covering games), they are buy and hold investors, at least with MVTG shares. That is why there is no volume in MVTG lately. No shorts of any significance because they know shorting it is futile.
The insiders in MVTG have collected IOU's for paychecks as of the last few 10-Qs instead of selling stock to raise cash to pay their salaries, which is extremely RARE!!!! CABN is selling stock in large quantities to Pay the staff, and to pay for all the press.
Oh, and regarding the mouse trap theory, I think the real trick is to bait the mouse trap, never mind selling it! LOL, sorry devil made me do it! LOL
But you are right, great new technology is nothing with out sales.
Thermophilic and and phototrophic bacteria make their own enzymes, and do it with out sun light.
Nature solved that entropy problem millions of years ago, with bio-organic enzymes, which is what CABN is using. Enzymes are not consumed in the reaction with CABN's set up, but they are costly, and there is a slow long term attrition rate, loss of enzymes over time, due to poisoning. If the enzymes were free, CABN would be up running and competing with with crude oil overnight. I believe that in the next 10 years, the organic enzyme industry will turn a corner, using genetically engineered bacteria to produce ultra cheap enzymes. That is when Exxon will get out of the Crude oil business!
MVTG is proposing that solar power be used for the power input to their system, but they have an entirely different approach. They are producing an extremely high value commodity, in $$s per ton, compared to low value (in $$s per ton) gasoline, where the old Formic acid manufacturing process takes a costly feed stock and energy input to make the formic acid, thus making the MVTG process more valuable per ton. And the formic acid will not be turned right back into CO2.
Don't forget that huge amounts of energy are used to crack crude oil and to distill gasoline in the current process, and it is believed that Crude oil is a limited resource, based on the rate of current consumption..
The big recent increase in sales and the huge profit margin in Terra is 90% of why I am still here, still long at these prices. At the rate of current Terra sales, if the merger is completed on time, COIN could break even this quarter, sending the stock to $2-3 overnight!!!!
Long term, is still a management, costs, and can the Terra sales continue at a steady to increasing pace question for me.
I like the way COIN is holding support at .40 also.
Because no one is selling!!!!!
You want to see a price go into orbit, order 500,000 shares today at ask!!!!!!
LOL
Oh, and the shorts are afraid of the dead volume!!!!
Don't forget that CABN will get CO2 capture credit, and will displace crude oil imports and consumption, and CO2 emissions equivalent by converting coal based CO2 into gasoline. In other words the Coal will get used twice to supply energy, not just once, so 1/2 the CO2 (crude estimate, LOL).
By why aren't we talking about MVTG here instead of CABN?
I just hope the shorts have been SHORT sighted, and that we have not been short sighted ourselves.
LOL
Shorty still has not gotten any of my shares. Only way he gets mine is at $3.00/share, or pried from my cold dead hands!
Tech. I will firmly agree here with one point you just made. That is that a great deal of Byron's PR is a full blown public PR assault to convince a large audience that CO2 recycling is possible, and can be practical. That is where a great deal of CABN's overhead costs are the last year. I hope it pays off for both MVTG and CABN.
On the other hand, stock dilution is an issue with CABN compared to MVTG the last 12 to 18 months, unfortunately, it has made little difference in the stock price of either one the last 12-18 months.
One comforting thought here is that we have a working unit, and a full scale pilot demo unit under construction with 2 partners now on board!
Except for a few days recently, like last week IIRC, AEXP has been selling for months at a 30 to 40% discount to MNLU, based on the 4:1 swap, for no good reason in IMHO.
I have tried to repeatedly to buy at under .30, but I have yet to get that lucky.
Thanks, the world lost some serious research talent with his passing.
http://en.wikipedia.org/wiki/John_McGinness
I hope to continue some of his work.
sps50,
Tell us more about the value per ton. And how does that compare to the estimated cost per ton here.
One difference I see is a much larger volume potential for gasoline world wide, than for Formic acid, currently.
Nice move today, on some real nice volume. Pretty good for a so called smoke an mirrors welding shop IMHO, LOL. Looks to me like some shorts got caught short here today!!!!! Up 15% on a big increase in volume.
LOL, I was wondering why today's volume was 40 times the daily average. I hope you terrorize any shorts that are still short!!!
AEXP is getting its act back together today too.